Does anyone else think its funny how the gas price has dropped over a $1 towards election time. How stupid do they take the people for? does this mean they could have dropped the the price a long long time ago? Man the pres and his goon squad has really raped the U.S.
2006-10-17 15:26:20 · 9 answers · asked by Kyle 2 in Politics & Government ➔ Elections
Um, I like paying less for gas. If it is a conspiracy, then let's have one for cars and boats!!
2006-10-17 16:06:33 · answer #1 · answered by baseballandbbq 3 · 1⤊ 0⤋
Oh, yeah. I've got a tin foil hat too.
Bush has got levers he pulls on his gas price machine and lowers the gas price for the election.
But I'd bet you didn't know about the hurricane lever. Did you notice we didn't have a hurricane hit the U.S. This is after the weather people predicted a higher than normal number. Its amazing they can do stuff like that. But he manipulated the weather to prevent hurricanes.
I guess the Dem's will just have to give up. With that kind of power what chance to they have in an election. The whole hanging chad deal was a ploy by the ruling class to get their tricked up electronic voting machines installed. What chance do you think you'll have with Bush's software running those machines.
2006-10-17 15:53:16 · answer #2 · answered by Roadkill 6 · 1⤊ 0⤋
Here's a clue.....the price of gas has little to do with the normal cycles of supply and demand, it is a commodity.
When greedy investors bid the price up in the futures market - the greedy gas producers comply immediately at the pumps (check out Exxon/Mobile's profits following Katrina) - and, conversely, when the investors start bailing out, the prices plummet.
It has little or nothing to do with politics, elections, party affiliation or conspiracies.
And, obviously, if the oil producers raise their prices of crude (which is also a commodity driven product) and investors see this as a trend - it gets bid up even higher.
This "game" is easy to play because gas, unlike other competitive products, is "price inelastic" - i.e. the amount of product sold doesn't fluctuate very much irregardless of the price - and that just makes it ripe for pricing abuse.
2006-10-17 15:48:45 · answer #3 · answered by LeAnne 7 · 1⤊ 0⤋
Crude oil is a commodity.
The price is set by the price of oil futures. They predicted a lot of hurricanes and the price went up in the spring. None occured so the prices dropped. When the home heating season begins the prices will rise again. Give it a few weeks.
George Soros has manipulated oil pries in the past, he is the reason prices are dropping now. So people with their tin foil hats will repeat this conspiracy thing.
2006-10-17 15:41:11 · answer #4 · answered by Anonymous · 1⤊ 2⤋
I'm no fan of President Bush, but there's no gas conspiracy. There was no gas conspiracy on the way up, there's none on the way down.
Gas has dropped because oil has fallen to $58. This is because world DEMAND for crude oil is falling, and will continue to fall in 2007. The reason it is falling is because the world economies have a bumpy road ahead.
But I will agree with your last statement - the president and his goon squad have really raped the US.
2006-10-17 15:36:33 · answer #5 · answered by The ~Muffin~ Man 6 · 0⤊ 2⤋
Good answer, "David B".
I guess "Flashburn" hasn't heard about the end of summer vacation travel, or new pipelines and sources coming on stream, or (like the oil analysts and price-setters are finding out) about the many new giant FSOP's (floating storage and offloading production) vessels that are now filling transport ships offshore instead of making them load at unsafe on-shore terminals in places like Nigeria, where strikes, sabotage, and even murders are regular occurrences. More fun, I guess, to babble about the President.
2006-10-17 15:34:27 · answer #6 · answered by senior citizen 5 · 1⤊ 0⤋
Why are you complaining? You should be rejoicing at high gas prices, because that is the spur that will get us alternative fuels sooner rather than later. High oil prices SCREW Big Oil over the long term.
2006-10-17 15:37:19 · answer #7 · answered by Anonymous · 3⤊ 0⤋
How many more cheesedicks are going to write about this? Here's a clue, genius. The President/Government does not control the price of oil/gasoline. HAVE YOU NEVER HEARD OF OPEC? HAVE YOU BEEN IN A COMA FOR THE PAST 20 YEARS? ARE YOU DELIBERATELY DENSE?
2006-10-17 15:30:03 · answer #8 · answered by Anonymous · 4⤊ 0⤋
get your head out of the sand.
2006-10-17 17:20:29 · answer #9 · answered by dreamingsome 2 · 0⤊ 0⤋